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20121027
20121104
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Search Results 0 to 22 of about 23 (some duplicates have been removed)
about the other day. >> some gm numbers are expected in about an hour. gm is expected to earn 60 cents a share on revenue of $35.7 billion. gm, don't they have loss -- i mean, if they can't make money at this point, they ought to be able to because i don't think they have to pay taxes again. that's another way we sort of don't get our money out of gm. now we'll be watching facebook. about 230 million shares held by ples became employees became eligible for sale on sunday. >>> equity trading will try to get back to normal today after superstorm sandy forced the new york stock exchange and the nasdaq to wait out the storm and stay close from the last two days. if investors areomin back today, they may be wondering whether there's going to be extra volatility. ira harris joins us right now from the cme group in chicago. what's the sense you get? i've actually been surprised by how orderly all of this has been to date. >> it has been orderly, but i think that's because we've been taking our reads off of the european markets, which have held up pretty well. better than well. and where we ar
expected a 10% gain for gm because of the resolution of the $29 billion in pension costs they have. >> right, we're talking about gm and ford, both clear winners, obviously, and ford now, up 8.3%. both beat the streak. tomorrow, auto sales. liz: i know i mentioned netflix, but we have to show the move because this stock, during the year, was $133, and plummeted to an annual low of 52. look now, $79 all because the name carl icon attached to it. gl that's right. you know, liz, he's a game changer for the companies, getting a full stake in there and makes a lot of changes. a lot of clapping, the employees who helped to keep this place alive are ringing the closing bell.
that the obama administration's overseeing the outsourcing of autoworkers jobs. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who will build jeeps in china. >> not so bad says the ceo of chrysler issuing a statement reaching jeep production whether not be moved from the united states to china, it is inaccurate to suggest anything different. today president obama tours the storm devastation in atlantic city and vice president biden makes two campaign stops in florida. mr. romney will also be in florida as he makes three stops. paul ryan will spend the day campaigning in his home state of wisconsin. let's get back to sandy, because two of the three major airports serving the new york area, kennedy and newark, they'll start to reopen with limited service later this morning, but the super storm created a worldwide ripple effect. many are still stranded overseas. so we want to check in with michelle kosinski from london. good morning. >> reporter: right, it does have that sort of snowballing effect that we see with any major travel destruction around the world, but of
decline. they're talking about this cold war between japan and china. gm had a good quarter too. gm is behind them in terms of this raushlization. obviously europe is just a disastrous report. latin america pretty good, asia had a swing. the most important thing is that he cannot leave until he gets through the problem. >> is it not good or bad that mallalay stays? so i'm good would it have been a bigger picture in europe of european ford if steel took over before rather than later. >> my feeling has always been you own the fords of the world is that they have always had huge cash awards. >> the announcement is out, they have promoted a number, a series of people. joe henriks, president of the americas, even know dell, most, a number of different things including the promotion of fields. >> asia, africa is the rangernd a the ranger is selling very well. >> it's a big story, you got it here first. >> all right, a lot of people did. of course not the only story out this morning. if you do want to get the latest out of the recovery, sandy, remain without power in the storm region. some
. >> reporter: and ryan fought back hard. >> president obama took gm and chrysler into bankruptcy. taxpayers still stand to lose billion billions of dollars from the president's managed bankruptcy. >> reporter: romney has been on the defensive for months on his position on auto bailout, now taking it right to the president. their skirmishes back and forth about this issue on the auto industry show how important it is, especially in ohio, which could hold the key to the white house. there are 800,000 people in jobs related to the auto industry in that state. charlie and norah, they could be decisive. >> jan crawford, thank you so much. national journal white house correspondent major garret is here. let's talk about what jan was just reporting on. why has the fight on the auto bailout gotten so nasty here in the end? >> the obama campaign -- from the romney/ryan ticket that the bailout is sending jobs to china. production may eventually be in china on jeeps. as chrysler and gm have pointed out, jeep, which is a chrysler brand, and gm, also producing autos in northern ohio, aren't shrinking th
minutes apart with two very different stories. does this town really revolve around the gm plant? >> yes. >> no question? >> no question. >> we meant sherry gaunt in lordstown, long time gm worker and vice president of the local united autoworkers. >> look where gm is now. if the government didn't step in, might not be working, might not have a job. >> here at gm's lordstown, ohio, plant, they're cranking out the chevy cruz. they're got from one shift of 100 workers to three shifts with 4500 workers today. but like most autoworkers these days, she felt the pain of the layoffs. >> how much does it play into politics for you in this election? >> it means everything. >> everything? >> everything. we're doing real well right now. >> her coworkers told us a similar story. who are you supporting for president? >> obama. >> why? >> because he's for the working class. and he helped with the bailout. >> it speaks about his dar character, speaks about his concern for us. >> in warren, ohio, some former autoworkers are angry. >> i was one of the innovators. bruce worked for delphi for 34 years, a s
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. this morning i was in youngstown and youngstown, we produced the chevy cruz. that's a gm product that is the direct result of the president's intervention to bail out the automobile industry. >> as a former commander yourself, how do you think the president's done this week in terms of his role as commander in chief in what was really a national crisis? >> i think he's done extremely well in terms of his sympathy and empathy for the groups, his visit. i think he was smart not to go into new york city, where it's too congested, too many problems. i think he's also done well in terms of showing the power of the office by just the latest move of having the military assist in delivery of fuel. it also shows up the hollowness of governor romney, his flip-flopping. for example, on the issue of fema, he was suggesting months ago that maybe you don't need a federal emergency management agency, maybe you can just let each state fend for itself. now, imagine where we would be if someone had actually taken that advice and killed fema. you would have new york, new jersey, each fighting with
of a popular photo op and you can see the giant particular gm building. the tall circular building. this is where espn does the pregame and post game shows. obviously it is still about eight hours away from the first pitch. >> so, they are not yet there. and we are here. we are ready to go. and ready for the thing to get clinched so we can maybe beat the frankenstorm and get home. >> matt cain on the mound. what are you expecting from him tonight? >> well, you know, two different matt cain in the postseason. he is 2-2 so far. he has had trouble finding his location, something the other pitchers are excelling at. everyone calls him the horse. the ace and he has not been that right now in the pisces son. he will see the team is focused. they are a smart team. they are fundamentally strong team and if they can get the ball into the strike zone and make them hit the ball. the guys behind him will field it and that's what they will try to do. >> they will take one game at a time and stick to those fundamentals. >> stay calm and cool and the pressure is mounting for them. as they walk in
like. >> we're in toledo. >> we were in youngstown yesterday. it's the big gm lordstown plant. ohioans are really attached to the auto industry, and they definitely feel a lot of relief. there is three shifts going on at these plants. they were down to one in some cases and manufacture these plants were down to being shut. we are definitely sensing that people feel things are a little bit better. the question, suzanne, is who do they credit for that? >> and the other thing, too, is, of course, we've heard from the president saying, look, this is evidence that this is 32 straight months of private sector growth, and you have mitt romney on the other side saying that it's a sad reminder that the economy is at a standstill. his own words. beyond the spin here, what do you think voters are hearing when they hear this number today, and does it even change their perception at all of how the economy is doing? to either one of you. >> suzanne, you know, the uptick is not great news for the obama campaign. it is still -- >> this is a 7.8% to 7.9%. >> that's the top line number that people pay a
flash point, a romney tv ad running in ohio making this claim about gm. >> obama took chrysler and gm into bankruptcy and sold chrysler to italians that are going to build jeeps in china. >> reporter: campaigning with former president clinton vice president biden blasted the ad as false. >> chrysler has felt obliged to go public and say there is no truth. they say jeep has no intentions of shifting production of its jeep models out of north america to china. >> reporter: while mitt romney is technically not campaigning today, he is doing a storm relief event, savannah, in the state of ohio. >> chuck, and a lot of folks are asking us this morning, is there a possibility with this widespread power outages that could last days if not weeks, is there a chance the election day itself could be delayed? >> it's very unlikely. look, the presidential election day is something that is set in the constitution. now, states run electrics, and they can decide to postpone if they wanted to. it's happened before in new york city, of course, postponed in new york city elections on 9/11 on the day that
Search Results 0 to 22 of about 23 (some duplicates have been removed)